Login

Economic Outlook

Trump Suspends Joint "War Games" With South Korea, As China Emerges Big Summit Winner

Share on Facebook Tweet on Twitter

Posted by ZeroHedge

on Tuesday, 12 June 2018 07:00

tkWhile Trump was quick to take a victory lap after signing a non-binding letter (of intent) with North Korea's leader Kim Jong Un to implement the dunclearization of North Korea, several questions have emerged among which:

 

  • the lack of deal enforcement
  • the lack of verifiability of N.Korea's denuclearization efforts as part of the "Complete, Verifiable, Irreversible  Denuclearization" or CVID protocol
  • the legitimization of North Korea's regime
  • China's role in the process
  • the end of joint military drills with South Korea.

 

While Trump's response to most critics was that the process is just starting and that it will take time to denuclearize, where Trump will see the greatest amount of pushback is on the last bullet point. Speaking in an interview with George Stephanopoulos shortly after the one-on-one with Kim, when asked if there was talk of pulling U.S. troops out of South Korea, Trump said the topic didn't come up, however he said the following:

"We didn't discuss that, no. We're not going to play the war games... I thought they were very provocative. I also they're also very expensive." 

In his press conference after the summit, Trump reiterated that the US would halt joint war games with South Korea, as Pyongyang has agreed to destroy a "major" missile testing site.

“We will be stopping the war games,” Trump said Tuesday during a news conference after four hours of meetings in Singapore with the North Korean leader. He offered no specifics about which exercises would be affected,.

....continue reading HERE



Banner

Economic Outlook

As G-7 Fractures In Canada, Putin Meets Xi In China

Share on Facebook Tweet on Twitter

Posted by ZeroHedge

on Friday, 08 June 2018 07:58

While President Trump insults his erstwhile foreign partners in a colorful twitter tirade ahead of a G-7 (or rather, G-6+1) summit in Quebec, exposing the very real fragmentation of longtime western partnerships as the US cracks down on unfair foreign trade practices, a productive meeting between China's "Emperor for Life" Xi Jinping and Russian President Vladimir Putin has been completely overshadowed, as Bloombergpoints out.

2018.06.07chinarussia

The two leaders held their first meeting this year on Thursday ahead of the June 9 Shanghai Cooperation Organization meeting - an eight-member group led by China and Russia - which will be held in the port city of Qingdao.

Screenshot 2018-06-08 07.47.09

But the west is ignoring the burgeoning partnership between the two countries - both permanent members of the UN Security Council - at its own peril. Because Putin and Xi are playing an ever-expanding role in resolving global disputes like, for example, the dispute between the US and North Korea.

....continue reading HERE

 

 

 

 

 

 



Banner

Economic Outlook

Trumponomics Report Card

Share on Facebook Tweet on Twitter

Posted by Yahoo Financial

on Tuesday, 01 May 2018 11:28

trumponomics

Yahoo Finance is tracking the performance of the economy under President Donald Trump, compared with six prior presidents going back to Jimmy Carter. We’ve chosen six key economic indicators that directly affect the well-being of ordinary Americans, with data provided by Moody's Analytics... CLICK to see the full report



Banner

Economic Outlook

Trump Plays with Fire on Trade

Share on Facebook Tweet on Twitter

Posted by Peter Schiff - Euro Pacific Capitalapital

on Wednesday, 07 March 2018 06:45

Peter Schiff makes the case that probably inspired White House chief economic advisor, former Goldman Sachs president and free trade advocate Gary Cohn to resign from President Donald Trump's administration. Michael Campbell also disagrees with Trump in his passioned comment HERE - Robert Zurrer for Money Talks

Trump Plays with Fire on Trade

tariffs-steel-aluminum-860x450 cWith his announcement last week of broad tariffs on imported steel and aluminum, President Trump launched what could be the first salvo of an all-out global trade war. Seemingly itching for a fight, he gleefully tweeted that "Trade wars are good, and easy to win." It seems like Trump thinks the conflict will play out much like Ronald Reagan's 1983 week-long invasion of Grenada rather than the more telling quagmires that unfolded in Vietnam, Afghanistan and Iraq. He's wrong.

Apart from overestimating America's bargaining position, Trump and his supporters grossly misunderstand the nature of international trade and how Americans have benefited from a system that has allowed us to continually consume foreign goods on credit. While this "benefit" has also placed a cost on domestic industries, I don't believe that Trump has any idea how a trade war can reduce current American living standards.

As justification for his surprise offensive, Trump likes to highlight how America's gargantuan annual trade deficit (which has



Read more...

Banner

Economic Outlook

Foreign Investment into Canada Has Collapsed by 26% in 2017

Share on Facebook Tweet on Twitter

Posted by Martin Armstrong - Armstrong Economics

on Tuesday, 06 March 2018 06:56

Martin Armstrong takes apart the steel tarrif's and their substantial impact on Canada, the largest exporter of steel to the United States. This all on top of the decline in investment in Canada's Oil industry. Martin also disentangles the market action around the world yesterday March 5th - Robert Zurrer for Money Tallks
canadian-dollar-C

Foreign direct investment into Canada has absolutely plunged during 2017 to the lowest since 2010. There has been an effort to stop the sale of any property to foreign investors mainly from China. On top of that, there has been also a collapse in capital investment into the oil industry. There are fears also rising about an exodus of capital from the nation’s oil patch and worries about the fate of the North American Free Trade Agreement (NAFTA).


Direct investment into Canada declined by a stunning 26% dropping to merely $33.8 billion during 2017, according to Statistics Canada. Capital inflows have declined for the second year with the major high in 2015 in accordance with our Economic Confidence Model. The investment that did take place was from reinvested earnings of existing operations. Net foreign purchases of Canadian businesses turned negative for the first time in a decade. This means that foreign companies sold more Canadian businesses than they bought. The political shift in Canada to the left is also being seen as a political risk for the years ahead. A monthly closing BELOW 7305 on the futures will signal the collapse of the C$ is underway once again.

....also from Martin: 

Canada Will be the Most Impact by a Steel Tariff



Read more...

Banner

Economic Outlook

Martin Armstrong: You May Soon Be Able to Regrow an Arm or Leg

Share on Facebook Tweet on Twitter

Posted by Martin Armstrong - Armstrong Economics

on Thursday, 01 February 2018 06:35

axolotl-baby-Salamander-1024x532The Mexican axolotl salamander can regrow lost limbs in a matter of weeks which includes the bones, muscles, nerves and the whole enchilada. When scientists sought to map its DNA to figure out how it does it, to their shock, it turned out to be more than 10 times bigger than that of human DNA. Indeed, it had 32 billion base pairs of DNA making it the largest genome ever sequenced, according to Nature.

The project has taught us a few new lessons. A gene called PAX3, was previously considered to be essential to the development of an organism. This gene was completely missing from the genome. Instead, the related gene PAX7 appears to have taken over those critical functions. What they discovered was several genes unique to axolotls and other amphibians that are linked to regeneration.

Well, they may be still decades away from regrowing limbs, but sequencing the axolotl genome was a giant step forward for mankind in decoding how this ability to regrow limbs can evolve and function. It may also lead to the development of new methods to heal wounds faster.

....also from Martin"

The Revenge of Martin Armstrong



Banner

Economic Outlook

Productivity: A Question of Focus, Health, Politics & Money

Share on Facebook Tweet on Twitter

Posted by Axel Merk

on Thursday, 11 January 2018 06:53

Screen Shot 2018-01-11 at 6.58.36 AMLast week, I asked, “What would make 2018 more productive for you? Please email me the first thing that comes to your mind.” Before I summarize the responses, a big thank you to the 800+ people who sent me personalized responses. Someone pointed out that asking the question itself already helped because it motivated her to review her plans and targets. 

My question had been intentionally open, and as such, I received feedback on productivity ideas pertaining to both personal and professional life. In some ways, answers were all over the place, including numerous answers that I had no idea were somehow related to productivity. That said, as themes emerged, at times, I could sense some respondents have their productivity initiatives under control with others struggling. I’ll touch on the main themes below.



Read more...

Banner

<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >> Page 4 of 24

Free Subscription Service - sign up today!

Exclusive content sent directly to your Inbox

  • What Mike's Reading

    His top research pick

  • Numbers You Should Know

    Weekly astonishing statistics

  • Quote of the Week

    Wisdom from the World

  • Top 5 Articles

    Most Popular postings

Learn more...



Our Premium Service:
The Inside Edge on Making Money

Latest Update

Trading Basics – Sizing Your Stock Positions

You’ve done your analysis and are ready to take the trade. Next question is how much do you buy? The tendency is to buy what you can afford...

- posted by Tyler Bollhorn

Michael Campbell
Tyler Bollhorn Eric Coffin Patrick Ceresna
Josef Mark Leibovit Greg Weldon Ryan Irvine